A recent New York Times article points out that divorce rates—once highest in metropolitan, big city areas—are now creeping upward in Middle America: Forty years ago, divorced people were more concentrated in cities and suburbs. But geographic distinctions have all but vanished, and now, for the first time, rural Americans …
Next week, the House Budget Committee will consider the fiscal year 2012 budget resolution in what is expected to be a marathon committee markup. The committee faces a dire budget reality; with entitlement spending that is absorbing essentially all of our federal income, while non-security discretionary spending is dramatically increasing. …
After more than a year of delay, the House Financial Services Committee is finally starting work on legislation that will hopefully end Fannie Mae and Freddie Mac, the two housing finance giants that helped to make the housing crisis worse. Both essentially failed in September 2008 and have been in …
All the world mourned the human toll taken by the Japanese earthquake and tsunami. Thousands of lives were lost; hundreds of thousands more shattered. Of course, natural disasters inflict economic destruction as well, and estimates of the recent disasters’ cost to Japan are now coming in. Catastrophe modeler Risk Management …
In the shadow of the U.S. Capitol, children suffer in a public education system rife with violence and ranked among the worst in the nation. Yesterday, the U.S. House of Representatives took action to give those students some hope when it voted to reauthorize the D.C. Opportunity Scholarship Program (D.C. …
Libya’s seat at the United Nations is currently vacant. Weeks ago, Muammar Qadhafi fired his U.N. ambassador Mohammed Shalgham after the ambassador denounced the Libyan strongman as a tyrant. In his stead, Qadhafi named another veteran and loyal diplomat, Ali Treki. The U.S. has apparently denied Treki a visa to …